Which one is more risky? Skill-based gambling or trading? - page 14.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: ethereumhunter on May 30, 2017, 08:54:34 AM

Quote from: ASHLIUSZ on May 30, 2017, 02:31:13 AM

Quote from: Kasabus on May 30, 2017, 02:12:23 AM

Quote from: eann014 on May 30, 2017, 12:17:44 AM

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.

Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading
you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.

Gambling and trading both requires good knowledge base to make good earning. With gambling it's like do or die. You choose an odd and if this goes wrong your wallet balance decreases. With trading based on the situation if we make changes we can decrease the loss. So both are beneficial in one way and has some negatives. It's up to us to select the right thing a d make the best.

since gambling and trading is have a risk, then we need to determine what we want to do. maybe if one person is good with skill based gambling, he choose to playing gambling but the other person will choose doing trading because he can make a nice profit in trading. i think gambling and trading have risky, both have the same chances to make big profit too.

But the risk from gambling is bigger because in gambling, we are totally dependent on luck, most of us can not use our skills to win, only in sports gambling, we can use skills but we still have to depend on good luck, the risk is still bigger than trading. Trading has many similarities to gambling but it does not depend entirely on luck, it depends a lot on professional knowledge and skills. Trading altcoin is very safe, if we predict the price right, we will have a good profit but if we predict wrong, we can still wait for the pump until the price we want

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: ASHLIUSZ on May 30, 2017, 02:31:13 AM

Quote from: Kasabus on May 30, 2017, 02:12:23 AM

Quote from: eann014 on May 30, 2017, 12:17:44 AM

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.

Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading
you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.

Gambling and trading both requires good knowledge base to make good earning. With gambling it's like do or die. You choose an odd and if this goes wrong your wallet balance decreases. With trading based on the situation if we make changes we can decrease the loss. So both are beneficial in one way and has some negatives. It's up to us to select the right thing a d make the best.

since gambling and trading is have a risk, then we need to determine what we want to do. maybe if one person is good with skill based gambling, he choose to playing gambling but the other person will choose doing trading because he can make a nice profit in trading. i think gambling and trading have risky, both have the same chances to make big profit too.

michaelch

sr. member

Activity: 283

Merit: 250

Depends on which need requires more skill. The one that needs skill wins.

raymond541

hero member

Activity: 821

Merit: 501

Crypto trading less risk than gambling.you can be skilled gambler and you got more profit in gambling but there have big chance to lose your whole investment if your luck is not help you.So my suggestion if you want do Crypto trading at least you will not lose your whole investment.well before invest on Crypto trading you need to learn about market trend,people sentiment etc then you will be a good trader.thanks

OVOBTC

jr. member

Activity: 58

Merit: 1

To answer, what exactly is skilled based gambling? Dice isn't included ever, strategies and the like only work when you are LUCKY
Online casino's??? NO, real card games sometimes have edges without cheating, however in the digital ones it's meaningless
Sport betting? it's spread is higher, but I see it as the most possible way to get something out of gambling. Not better than a trader doing his trading with knowledge and following indicators etc...

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: Kasabus on May 30, 2017, 02:12:23 AM

Quote from: eann014 on May 30, 2017, 12:17:44 AM

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.

Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading
you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.

Gambling and trading both requires good knowledge base to make good earning. With gambling it's like do or die. You choose an odd and if this goes wrong your wallet balance decreases. With trading based on the situation if we make changes we can decrease the loss. So both are beneficial in one way and has some negatives. It's up to us to select the right thing a d make the best.

Kasabus

hero member

Activity: 2814

Merit: 576

DGbet.fun - Crypto Sportsbook

Quote from: eann014 on May 30, 2017, 12:17:44 AM

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.

Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading
you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.

eann014

hero member

Activity: 1078

Merit: 501

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: posternat on April 23, 2017, 08:35:23 PM

Quote from: Idrisu on April 21, 2017, 09:28:05 AM

Quote from: ABCbits on October 27, 2016, 10:48:35 AM

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.

Skills based gambling is risky than trading. Gambling is a game of chance and it take the gods of gambling to be on your side for you to really succeed in it. Trading if you treat well bring low return compared to skills based gambling but you can skillfully trade and have consistent success but you cannot skillfully gamble and have consistent success.

No matter how much skills you have , it wont count at the end of the day in Gambling. The reason being that Skill has very little influence on gambling or rather you can say that Gambling needs no skill.

Dude i don't think you're getting the point. Sports betting and poker are waaay different from your nirmal gambling games and for me sometimes its even easier to profit from these two than trading. Luck rarely becomes a major factor with these two as with knowledge and experience, you're sure to have an advantage. And it doesn't need as much time as when you're trading although the chances are pretty similar.

posternat

hero member

Activity: 798

Merit: 500

Quote from: Idrisu on April 21, 2017, 09:28:05 AM

Quote from: ABCbits on October 27, 2016, 10:48:35 AM

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.

Skills based gambling is risky than trading. Gambling is a game of chance and it take the gods of gambling to be on your side for you to really succeed in it. Trading if you treat well bring low return compared to skills based gambling but you can skillfully trade and have consistent success but you cannot skillfully gamble and have consistent success.

No matter how much skills you have , it wont count at the end of the day in Gambling. The reason being that Skill has very little influence on gambling or rather you can say that Gambling needs no skill.

Intersan

hero member

Activity: 641

Merit: 505

Quote from: ABCbits on October 27, 2016, 10:48:35 AM

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.

I think more risky is skill-based trading because we need to make sure what could be possible way in every trading to assure for good results. In gambling skills is important but you also win with the pure luck unlike trading to sure for profit we need to wait for the right time for the successful of profit.

Kasabus

hero member

Activity: 2814

Merit: 576

DGbet.fun - Crypto Sportsbook

Quote from: raven7886 on April 23, 2017, 02:50:14 AM

Quote from: crwth on April 23, 2017, 12:52:26 AM

Quote from: nasipadang on April 23, 2017, 12:46:24 AM

I think skill-based in gambling more risky because even if you have the skill-based in gambling to get a profit or not fixed that determines is luck and although trading also has a risk at least the funds will not be lost fully

That's true what happens when you are trading. You would know what to do if you are just trading and probably in the long run, you are going to be the better person if you just don't gamble and just learn to trade. The possibility of being addicted wouldn't be as damaging as to gambling.

Some experts are explaining there are addiction vulnerability is possible even with trading. So, the dangers of gambling is also applicable to skill based betting system and trading. We cannot be sure that trading will not addict people because when traders are finding easy money (even out of their skill), they might get addictions.

Getting induced to be greedy and being arrogant while trading are some common features among trading and gambling then why not traders also being in risk of getting addictions.

One can be addicted but gambling addiction and trading addiction has different impact in our life. It's very simple, when
yo are addicted in trading you improve your knowledge but if that will happen in gambling you will ruin your life.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: crwth on April 23, 2017, 12:52:26 AM

Quote from: nasipadang on April 23, 2017, 12:46:24 AM

I think skill-based in gambling more risky because even if you have the skill-based in gambling to get a profit or not fixed that determines is luck and although trading also has a risk at least the funds will not be lost fully

That's true what happens when you are trading. You would know what to do if you are just trading and probably in the long run, you are going to be the better person if you just don't gamble and just learn to trade. The possibility of being addicted wouldn't be as damaging as to gambling.

Some experts are explaining there are addiction vulnerability is possible even with trading. So, the dangers of gambling is also applicable to skill based betting system and trading. We cannot be sure that trading will not addict people because when traders are finding easy money (even out of their skill), they might get addictions.

Getting induced to be greedy and being arrogant while trading are some common features among trading and gambling then why not traders also being in risk of getting addictions.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: nasipadang on April 23, 2017, 12:46:24 AM

I think skill-based in gambling more risky because even if you have the skill-based in gambling to get a profit or not fixed that determines is luck and although trading also has a risk at least the funds will not be lost fully

That is true, but you must consider that if you have a skill, then you have a high possibility of winning or earning a profit. If it is a skill based gambling then it mostly depend on your skill, though it may also depend on your luck. In trading you have a lot to analyze and if you are a newbie or a beginner in trading, you have a lot to work on making a lot of big and hard decisions that may ruin you, so trading is more risky.

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: ABCbits on October 27, 2016, 10:48:35 AM

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.

In my opinion this is only Gambling that is risky ( regardless of the factor that we have experience or not in the Gambling ) .
It is because I didn't find any person in reality that he became rich by the Gambling ,but I found some friends who Became Rich through the trading with bitcoin and altcoins .
so no doubt that it is only trading that is profitable , and why not trading is good , Because I myself making money in good amount through the trading and lossing much amount in the Gambling .
here I voted for the Gambling that is risky

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: babsalt1975 on April 23, 2017, 12:58:04 AM

May it be gambling or trading, all of them posses a certain percentage of risk. When you trade, you are expecting the price will either rice or fall for you to earn an interest. If something happens and the markets change direction, then you will lose your trade. In gambling, you are basing a won chance, the winning chance is 50/50 so you can not be sure if the next one will be a win or a lose. So all of them are risky but it is the percentage of risk that matters.

That's right, it's what happens when you play or something. There is a big comparison with trading and gambling that concerns with the risk, in gambling, it has faster moments and continuous plays unlike trading, it requires patience.

babsalt1975

sr. member

Activity: 526

Merit: 250

May it be gambling or trading, all of them posses a certain percentage of risk. When you trade, you are expecting the price will either rice or fall for you to earn an interest. If something happens and the markets change direction, then you will lose your trade. In gambling, you are basing a won chance, the winning chance is 50/50 so you can not be sure if the next one will be a win or a lose. So all of them are risky but it is the percentage of risk that matters.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: nasipadang on April 23, 2017, 12:46:24 AM

I think skill-based in gambling more risky because even if you have the skill-based in gambling to get a profit or not fixed that determines is luck and although trading also has a risk at least the funds will not be lost fully

That's true what happens when you are trading. You would know what to do if you are just trading and probably in the long run, you are going to be the better person if you just don't gamble and just learn to trade. The possibility of being addicted wouldn't be as damaging as to gambling.

nasipadang

sr. member

Activity: 1274

Merit: 252

I think skill-based in gambling more risky because even if you have the skill-based in gambling to get a profit or not fixed that determines is luck and although trading also has a risk at least the funds will not be lost fully

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: MinerHQ on April 22, 2017, 09:05:39 PM

Quote from: Idrisu on April 21, 2017, 09:28:05 AM

Quote from: ABCbits on October 27, 2016, 10:48:35 AM

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.

Skills based gambling is risky than trading. Gambling is a game of chance and it take the gods of gambling to be on your side for you to really succeed in it. Trading if you treat well bring low return compared to skills based gambling but you can skillfully trade and have consistent success but you cannot skillfully gamble and have consistent success.

I too agree that all gambling needs only luck to win money. But if your trade without any knowledge then it is also similar to gambling so don't trade just based on some tips. First, learn the basics of trading before jumping into it to make quick profits. There are plenty of experts lost money in trading so start with a small amount until you learn things.

How can you have that luck? if that is what you need alone then it's useless to develop some method.. I think it is more important to develop our skills and choose the right game for us, that way we will see some progress in our journey as a gambler. It needs serious attention really if you want to be successful as a gambler as in this race, we only see a small rate of success.

Topic: Which one is more risky? Skill-based gambling or trading? - page 14. (Read 9570 times)